The Fluorochemicals Market is expected to grow during the forecast period of 2021 to 2028. Bridge Market Research data analyzes that the fluorochemicals market will reach US$30.92 billion and will grow at a CAGR of 5.18% during the forecast period above. The increasing use of fluorochemicals in various industries has a direct impact on the growth of the fluorochemicals market.
Fluorochemicals are chemical compounds that contain large amounts of fluorine. Fluorochemicals have good thermal stability, high resistance and chemical reactivity, therefore they are used in a wide range of industrial applications including air conditioning and refrigeration, aluminum fabrication, electricity and electronics, personal care industry and various other applications such as fluorocarbons, fluoropolymers, inorganic fluorochemicals. .
Strict regulations from various governments and institutions regarding the use of fluorochemicals and their impact on the environment are challenging the fluorochemical market. However, the absence or absence of Fluorspar minerals, which are the source of fluorochemical production, limits the growth of the fluorochemicals market during the forecast period 2021-2028.
In November 2019, Solvay increased its production capacity for the high performance polymer SOLEF polyvinylidene fluoride (PVDF) at its manufacturing site in Changshu, China. This project supports G.R.O.W. A STRATEGY focused on investing in sustainable solutions with high material growth.
Fluorochemicals Market Scope and Market Size
The fluorochemical market is segmented by product, end use, and application. Growth among these segments will help you analyze rare growth segments in the industry and provide consumers with market insights and valuable market insights to help them make strategic decisions identifying key market applications.
Based on the product, the fluorochemicals market is segmented into fluoropolymer, specialty, fluorocarbon, fluoroelastomer, inorganic, and others. Hydrofluorocarbons are further subdivided into HFCs, HCFCs, and HFOs. Fluoropolymers are further subdivided into PTFE, PVDE, PCTFE and FEP. Fluoroelastomers are further divided into inorganic and special additives, fluoro elements and fluoropolymers.
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Fluorochemicals Market Country Level Analysis
The Fluorochemicals Market is analyzed providing insights and trends for the market size by country, product, end use and application as mentioned above.
The countries covered by the Fluorochemicals market report are United States, Canada and Mexico in North America, Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India , South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia Pacific (APAC), Saudi Arabia, United Arab Emirates, Israel, Egypt, South Africa, Rest of Middle East and Africa As part of Middle East and Africa ( MEA), Brazil, Argentina and other South America as part of South America.
Competitive Landscape and Fluorochemicals Market Share Analysis
The major players covered in the fluorochemicals market report are
· DuPont
· DAIKIN INDUSTRIES Ltd.
· Solvay, AGC Inc.
· Arkema
· The Chemours Company
· Honeywell International Inc.
· Dongyue Group
· Pelchem SOC Ltd
· Mitsui Chemicals Inc.
· Air Products and Chemicals Inc.
· Central Glass Co. Ltd.
· Halocarbon Products Corporation
· Mexichem S.A.B. de C.V.
Customization Available : Fluorochemicals Market Industry
These reports can be personalized to include production cost analysis, trade route analysis, target brand price trend analysis, understanding the market for additional countries (request country list), import-export data and gray area, literature research, consumer analysis and base analysis product. Market analysis of target competitors can be analyzed ranging from technology-based analysis to market portfolio strategy.
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Major TOC of The Fluorochemicals Market Forecast
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